Stock Quote Today & Recent News AXS 1.5X PYPL Bull Daily ETF PYPT

The AXS 1.5X PYPL Bull Daily ETF seeks daily investment results, before fees and expenses, that correspond to one and a half times (150%) the daily performance of the common shares of PayPal Holdings, Inc. The Fund will maintain at least 80 percent exposure to financial instruments that provide one and a half times leveraged exposure to the daily performance of PYPL. The Fund is an actively-managed exchange-traded fund (ETF) that seeks to achieve on a daily basis, before fees and expenses, 150% performance of PYPL for a single day, not for any other period, by entering into one or more swap agreements on PYPL. A single day is measured from the time the Fund calculates its net asset value (NAV) to the time of the Funds next NAV calculation.